Foxconn Technology Group will challenge the decision by the Wisconsin Economic Development Corp. not to issue the company tax credits, Foxconn said Friday.
Read More »What are they building in there? Foxconn job survey provides some clues and may affect whether company gets tax credits
A recent survey of dozens of Foxconn Technology Group employees is shedding some light on day-to-day activities at the company's site in Wisconsin, but few details have emerged about its long-awaited production of display panels.
Tagged with: Foxconn Foxconn Industrial Internet WEDC Wisconsin Economic Development Corp.
Read More »WEDC evaluating audit on Foxconn; judgment of tax credits to come later this year
The coronavirus pandemic might have delayed a third-party audit of Foxconn Technology Group but it hasn't stopped it.
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Read More »WEDC to give $2,500 to 30,000 businesses statewide
The Wisconsin Economic Development Corp. will provide $2,500 to 30,000 businesses to help them recover from the coronavirus pandemic, the agency announced in a news release Monday.
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Read More »Foxconn blames coronavirus for delay in audit; WEDC continuing talks to amend contract
The coronavirus is threatening to delay Foxconn Technology Group's receipt of millions of dollars in state tax credits.
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Read More »Assembly GOP fails to override fab-lab veto
Assembly Republicans prepared Thursday to embark on another futile attempt to override another of Gov. Tony Evers' budget vetoes.
Tagged with: WEDC Wisconsin Economic Development Corp.
Read More »More business, less politics sounds good for WEDC
The new leader of Wisconsin’s economic development agency is saying a lot of reassuring things that should please business people as well as taxpayers.
Tagged with: Gov. Scott Walker Gov. Tony Evers Melissa Hughes WEDC Wisconsin Economic Development Corp.
Read More »WEDC lists top economic development deals of 2019
In announcing its accomplishments for 2019, the Wisconsin Economic Development Corp. said it helped 289 businesses and places by providing assistance related to 16 different industries and more than $250 million in awards.
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Read More »Milwaukee Tool plans $100M campus in Menomonee Falls
Milwaukee Tool plans to build a $100 million manufacturing campus in Menomonee Falls and separately expand its operation in Sun Prairie.
Tagged with: Milwaukee Tool tax breaks tax credit WEDC Wisconsin Economic Development Corp.
Read More »Audit faults plans to credit Foxconn for work outside state
Wisconsin's economic development agency needs to modify its procedures to ensure that tax credits aren't awarded to Foxconn Technology Group for employees who don't perform work in the state, which would violate the law and the state's contract with the company, an audit released Tuesday said.
Tagged with: Foxconn Gov. Scott Walker Gov. Tony Evers Legislative Audit Bureau President Donald Trump WEDC Wisconsin Economic Development Corp.
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